Call reports 2022
SCOTTSDALE COMMUNITY BANK — 2022
What SCOTTSDALE COMMUNITY BANK reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 19,216,000 | 24,316,000 | 28,422,000 | 35,395,000 |
| Total loans | 0 | 1,998,000 | 6,111,000 | 9,152,000 |
| Allowance for loan losses | 0 | 24,000 | 77,000 | 112,000 |
| Securities available for sale | 4,470,000 | 7,594,000 | 8,726,000 | 8,554,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,499,000 | 7,367,000 | 12,066,000 | 18,440,000 |
| Interest-bearing deposits | 1,101,000 | 6,609,000 | 8,675,000 | 12,113,000 |
| Noninterest-bearing deposits | 398,000 | 758,000 | 3,391,000 | 6,327,000 |
| Equity capital | 16,818,000 | 16,027,000 | 15,516,000 | 15,130,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 37,000 | 110,000 | 290,000 | 581,000 |
| Interest expense | 0 | 3,000 | 17,000 | 49,000 |
| Net interest income | 37,000 | 107,000 | 273,000 | 532,000 |
| Noninterest income | 0 | 0 | 2,000 | 4,000 |
| Noninterest expense | 556,000 | 1,171,000 | 1,671,000 | 2,854,000 |
| Provision for loan losses | 0 | 24,000 | 77,000 | 112,000 |
| Pretax income | -519,000 | -1,088,000 | -1,473,000 | -2,430,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -519,000 | -1,088,000 | -1,473,000 | -2,430,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,876,000 | 16,325,000 | 16,018,000 | 15,655,000 |